BTS – Aviation Fuel Cost at 7-Year High

US Airline Cost of Fuel v Enplanements in February 2022 – Courtesy BTS April 2022

Ken Zino of on BTS - Aviation Fuel Cost at 7-Year High

At $2.60, the cost per gallon of fuel in February was the highest since October 2014’s $2.68. Also noteworthy in February 2022 was the 55.8% year-over-year increase in fuel consumption on domestic flights, reflecting an increase in domestic air travel from last February. Combined with the 60.9% year-over-year cost per gallon increase, the increase in fuel consumption resulted in a year-over-year domestic fuel cost increase of 150% ($1.27 billion).

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